Europe Blood Gas and Electrolyte Analyzer Market Forecast to 2031

At 5.5% CAGR, Europe Blood Gas and Electrolyte Analyzer Market is Speculated to be Worth US$ 1,074.96 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Europe blood gas and electrolyte analyzer market was valued at US$ 702.68 million in 2023 and is expected to reach US$ 1,074.96 million by 2031, registering a CAGR of 5.5% from 2023 to 2031. New product launches and approvals and rising adoption of point-of-care diagnostics are among the critical factors attributed to drive the Europe blood gas and electrolyte analyzer market growth.

The development of the healthcare industry has led to a rise in the demand for blood gas and electrolyte analyzers among healthcare providers across the world. This increased demand contributes to new product developments, product launches, and approvals on a global level. In addition, major market players are involved in research and development activities to ensure the innovation and development of efficient products. Following are a few of the recent product launches and developments:

In July 2023, Siemens Healthineers launched the new Atellica CI Analyser for clinical chemistry and immunoassay testing. The US Food and Drug Administration (FDA) permitted the analyzer before its debut. It is currently accessible in several international locations. In July 2022, at the 74th American Association for Clinical Chemistry Annual Scientific Meeting and Clinical Laboratory Exposition (2022 AACC), EDAN Instruments, Inc. announced the launch of the first-ever point-of-care (POC) fluorescence-based CO-OX blood gas and chemistry analysis system, i20. The system has over 45 parameters, ranging from blood gases to electrolytes to CO-oximetry. In April 2021, Siemens Healthiness EU launched the epoc Blood Analysis System, a wireless, portable device that provides patient-side results in less than a minute. It measures hematocrit and lactate on a single room temperature-stable test card, complete blood gas, and a basic metabolic panel. It is aided by its support of COVID-19 response efforts, as blood gas testing is essential for managing infected individuals. Thus, an increase in product developments, launches, and strategic collaborations among market players is likely to create ample opportunities for the blood gas and electrolyte analyzers market in the coming years.

On the contrary, high costs of analysers hamper the growth of Europe blood gas and electrolyte analyzer market.

Based on product, the Europe blood gas and electrolyte analyzer market is categorized into blood gas analyzer, electrolyte analyzer, combined analyzer, and others. The combined analyzer segment held 62.6% market share in 2023, amassing US$ 440.11 million. It is projected to garner US$ 691.31 million by 2031 to register 5.8% CAGR during 2023–2031.

By end user, the Europe blood gas and electrolyte analyzer market is categorized into hospitals and clinics, clinical and diagnostic laboratories, homecare, and others. The clinical and diagnostic laboratories segment held 67.4% share of Europe blood gas and electrolyte analyzer market in 2023, amassing US$ 473.43 million. It is projected to garner US$ 740.11 million by 2031 to expand at 5.7% CAGR from 2023 to 2031.

Based on country, the Europe blood gas and electrolyte analyzer market is categorized into Germany, the UK, France, Spain, Italy, and the Rest of Europe. Our regional analysis states that the Germany captured 29.1% share of Europe blood gas and electrolyte analyzer market in 2023. It was assessed at US$ 204.34 million in 2023 and is likely to hit US$ 304.86 million by 2031, registering a CAGR of 5.1% during 2023–2031.

Key players operating in the Europe blood gas and electrolyte analyzer market are Abbott Laboratories, Dalko Diagnostics Private Limited, Erba Diagnostics Mannheim GmbH, Hoffmann-La Roche Ltd, Medica Corporation, Nova Biomedical Corporation, Siemens Healthineers AG, Werfen SA, Radiometer Medical ApS, and Sensa Core Medical Instrumentation Pvt Ltd., among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe blood gas and electrolyte analyzer market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Europe blood gas and electrolyte analyzer market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe blood gas and electrolyte analyzer market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Blood Gas and Electrolyte Analyzer Market Landscape
4.1 Overview
4.2 PEST Analysis
5. Europe Blood Gas and Electrolyte Analyzer Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Number of Patients in Emergency Units of Hospitals
5.1.2 Rising Adoption of Point-of-Care Diagnostics
5.2 Market Restraints
5.2.1 High Costs of Analysers
5.3 Market Opportunities
5.3.1 New Product Launches and Approvals
5.4 Future Trends
5.4.1 Automation and Artificial Intelligence in Blood Gas and Electrolyte Analyzer
5.5 Impact of Drivers and Restraints:
6. Blood Gas and Electrolyte Analyzer Market – Europe Market Analysis
6.1 Europe Blood Gas and Electrolyte Analyzer Market Revenue (US$ Million), 2021-2031
6.2 Blood Gas and Electrolyte Analyzer Market Forecast Analysis
7. Europe Blood Gas and Electrolyte Analyzer Market Analysis – by Product
7.1 Blood Gas Analyzer
7.1.1 Overview
7.1.2 Blood Gas Analyzer: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Electrolyte Analyzer
7.2.1 Overview
7.2.2 Electrolyte Analyzer: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Combined Analyzer
7.3.1 Overview
7.3.2 Combined Analyzer: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
8. Europe Blood Gas and Electrolyte Analyzer Market Analysis – by End User
8.1 Hospitals and Clinics
8.1.1 Overview
8.1.2 Hospitals and Clinics: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Clinical and Diagnostic Laboratories
8.2.1 Overview
8.2.2 Clinical and Diagnostic Laboratories: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Homecare
8.3.1 Overview
8.3.2 Homecare: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
9. Europe Blood Gas and Electrolyte Analyzer Market – Country Analysis
9.1 Europe
9.1.1 Europe: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast Analysis – by Country
9.1.1.1 Europe: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast Analysis – by Country
9.1.1.2 Germany: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.2.1 Germany: Blood Gas and Electrolyte Analyzer Market Breakdown, by Product
9.1.1.2.2 Germany: Blood Gas and Electrolyte Analyzer Market Breakdown, by End User
9.1.1.3 United Kingdom: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.3.1 United Kingdom: Blood Gas and Electrolyte Analyzer Market Breakdown, by Product
9.1.1.3.2 United Kingdom: Blood Gas and Electrolyte Analyzer Market Breakdown, by End User
9.1.1.4 France: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.4.1 France: Blood Gas and Electrolyte Analyzer Market Breakdown, by Product
9.1.1.4.2 France: Blood Gas and Electrolyte Analyzer Market Breakdown, by End User
9.1.1.5 Spain: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.5.1 Spain: Blood Gas and Electrolyte Analyzer Market Breakdown, by Product
9.1.1.5.2 Spain: Blood Gas and Electrolyte Analyzer Market Breakdown, by End User
9.1.1.6 Italy: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.6.1 Italy: Blood Gas and Electrolyte Analyzer Market Breakdown, by Product
9.1.1.6.2 Italy: Blood Gas and Electrolyte Analyzer Market Breakdown, by End User
9.1.1.7 Rest of Europe: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
9.1.1.7.1 Rest of Europe: Blood Gas and Electrolyte Analyzer Market Breakdown, by Product
9.1.1.7.2 Rest of Europe: Blood Gas and Electrolyte Analyzer Market Breakdown, by End User
10. Industry Landscape
10.1 Overview
10.2 Organic Growth Strategies
10.2.1 Overview
10.3 Brand Share/Revenue- 2022
11. Company Profiles
11.1 Abbott Laboratories
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Dalko Diagnostics Private Limited
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Erba Diagnostics Mannheim GmbH
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Hoffmann-La Roche Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Medica Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Nova Biomedical Corporation
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Siemens Healthineers AG
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Werfen SA
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Radiometer Medical ApS
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Sensa Core Medical Instrumentation Pvt Ltd
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Research Team
12.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Blood Gas and Electrolyte Analyzer Market Segmentation
Table 2. Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Table 3. Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million) – by Product
Table 4. Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 5. Europe: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 6. Germany: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 7. Germany: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 8. United Kingdom: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 9. United Kingdom: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 10. France: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 11. France: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 12. Spain: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 13. Spain: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 14. Italy: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 15. Italy: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 16. Rest of Europe: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by Product
Table 17. Rest of Europe: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million) – by End User
Table 18. Recent Organic Growth Strategies in the Blood Gas and Electrolyte Analyzer Market
Table 19. Brand Share of Products for Each Company (US$ Million)
Table 20. Glossary of Terms, Blood Gas and Electrolyte Analyzer Market

LIST OF FIGURES

Figure 1. Europe Blood Gas and Electrolyte Analyzer Market Segmentation, by country
Figure 2. PEST Analysis
Figure 3. Blood Gas and Electrolyte Analyzer Market – Key Market Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Blood Gas and Electrolyte Analyzer Market Revenue (US$ Million), 2021-2031
Figure 6. Blood Gas and Electrolyte Analyzer Market Share (%) – by Product (2023 and 2031)
Figure 7. Blood Gas Analyzer: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Electrolyte Analyzer: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Combined Analyzer: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Others: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Blood Gas and Electrolyte Analyzer Market Share (%) – by End User (2023 and 2031)
Figure 12. Hospitals and Clinics: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Clinical and Diagnostic Laboratories: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Homecare: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Others: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Europe : Blood Gas and Electrolyte Analyzer Market, by Key Country – Revenue (2023) (USD Million)
Figure 17. Europe: Blood Gas and Electrolyte Analyzer Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 18. Germany: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million)
Figure 19. United Kingdom: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million)
Figure 20. France: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million)
Figure 21. Spain: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million)
Figure 22. Italy: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million)
Figure 23. Rest of Europe: Blood Gas and Electrolyte Analyzer Market – Revenue and Forecast to 2031(US$ Million)